Solid State System Co. Ltd.
Solid State System Co., Ltd., together with its subsidiaries, engages in the design, research, development, manufacture, and sale of integrated circuits in Taiwan. The company offers storage solutions, including USB flash controllers and SSD turn-key solutions; multimedia audio solutions, such as USB headset, line-in, and bridge speaker controllers; and MEMS microphones comprising mobile phone, n… Read more
Solid State System Co. Ltd. (3259) - Net Assets
Latest net assets as of December 2025: NT$423.87 Million TWD
Based on the latest financial reports, Solid State System Co. Ltd. (3259) has net assets worth NT$423.87 Million TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$617.35 Million) and total liabilities (NT$193.48 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$423.87 Million |
| % of Total Assets | 68.66% |
| Annual Growth Rate | -0.94% |
| 5-Year Change | -34.87% |
| 10-Year Change | N/A |
| Growth Volatility | 38.56 |
Solid State System Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Solid State System Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solid State System Co. Ltd. (2019–2025)
The table below shows the annual net assets of Solid State System Co. Ltd. from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$423.87 Million | -28.87% |
| 2024-12-31 | NT$595.94 Million | +39.86% |
| 2023-12-31 | NT$426.11 Million | -14.38% |
| 2022-12-31 | NT$497.66 Million | -23.53% |
| 2021-12-31 | NT$650.81 Million | +74.88% |
| 2020-12-31 | NT$372.13 Million | -17.05% |
| 2019-12-31 | NT$448.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solid State System Co. Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5415700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$729.66 Million | 172.14% |
| Total Equity | NT$423.87 Million | 100.00% |
Solid State System Co. Ltd. Competitors by Market Cap
The table below lists competitors of Solid State System Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Embrace Change Acquisition Corp Ordinary Shares
NASDAQ:EMCG
|
$20.48 Million |
|
Kothari Petrochemicals Limited
NSE:KOTHARIPET
|
$20.49 Million |
|
TOUAX INH. EO 8
F:TOX
|
$20.49 Million |
|
Salter Brothers Emerging Companies Ltd
AU:SB2
|
$20.50 Million |
|
Celik Halat ve Tel Sanayi AS
IS:CELHA
|
$20.46 Million |
|
Ranix INC
KQ:317120
|
$20.46 Million |
|
SSC Security Services Corp
OTCQX:SECUF
|
$20.45 Million |
|
Hexza Corporation Bhd
KLSE:3298
|
$20.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solid State System Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 595,940,000 to 423,870,000, a change of -172,070,000 (-28.9%).
- Net loss of 172,070,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-172.07 Million | -40.59% |
| Total Change | NT$- | -28.87% |
Book Value vs Market Value Analysis
This analysis compares Solid State System Co. Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.48x to 2.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$6.81 | NT$16.90 | x |
| 2020-12-31 | NT$8.79 | NT$16.90 | x |
| 2021-12-31 | NT$14.86 | NT$16.90 | x |
| 2022-12-31 | NT$6.66 | NT$16.90 | x |
| 2023-12-31 | NT$8.41 | NT$16.90 | x |
| 2024-12-31 | NT$8.17 | NT$16.90 | x |
| 2025-12-31 | NT$5.81 | NT$16.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solid State System Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.04%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.46x
- Recent ROE (-40.59%) is below the historical average (-28.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -26.79% | -18.97% | 1.11x | 1.27x | NT$-165.04 Million |
| 2020 | -21.06% | -12.05% | 1.17x | 1.50x | NT$-115.57 Million |
| 2021 | 0.18% | 0.17% | 0.91x | 1.17x | NT$-63.92 Million |
| 2022 | -31.46% | -38.89% | 0.64x | 1.27x | NT$-206.32 Million |
| 2023 | -51.63% | -79.82% | 0.54x | 1.19x | NT$-262.63 Million |
| 2024 | -30.40% | -75.76% | 0.33x | 1.21x | NT$-240.75 Million |
| 2025 | -40.59% | -61.04% | 0.46x | 1.46x | NT$-214.46 Million |
Industry Comparison
This section compares Solid State System Co. Ltd.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $18,500,922,800
- Average return on equity (ROE) among peers: -5.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solid State System Co. Ltd. (3259) | NT$423.87 Million | -26.79% | 0.46x | $20.47 Million |
| Polylite Taiwan Co Ltd (1813) | $1.10 Billion | 4.57% | 0.13x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $12.85 Billion | 0.00% | 1.41x | $836.46 Million |
| Macronix International Co Ltd (2337) | $37.14 Billion | 12.15% | 0.19x | $5.52 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $296.33 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $108.73 Million |
| Winbond Electronics Corp (2344) | $55.23 Billion | 0.00% | 0.48x | $12.03 Billion |
| Silicon Integrated Systems Corp (2363) | $7.33 Billion | -3.90% | 0.02x | $629.69 Million |
| Realtek Semiconductor Corp (2379) | $5.13 Billion | 32.96% | 0.38x | $6.81 Billion |
| VIA Technologies Inc (2388) | $10.11 Billion | -48.86% | 0.88x | $395.59 Million |
| Nanya Technology Corp (2408) | $37.37 Billion | -55.53% | 2.57x | $9.48 Billion |